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Gordon Brown's leadership called into question

Labour MPs Patricia Hewitt and Geoff Hoon have today issued an "unsent letter" to Labour colleagues suggesting the time has come to have a secret ballot regarding Gordon Brown's future as leader of the Labour Party. This could not have come at a worse time for the UK government with the economy struggling to turn the corner, a general election just weeks away and a Conservative party which is well ahead of the polls.

Despite the fact that the UK government has been attempting to tackle the various financial issues affecting the UK, the questioning of Gordon Brown's leadership qualities and indeed his ability to continue as leader of the country does not bode well for the short to medium term. Investors in the UK will likely become concerned at the instability of the UK government and even though it is unlikely any secret ballot will go ahead the damage has already been done.

Interestingly, despite the fact that many MPs have stepped forward with their support for Gordon Brown we have not seen any of the heavyweights such as Alistair Darling, Jack Straw or Peter Mandelson hitting the media with interviews of support. In many ways it is what is not being said as opposed to what has been said which is causing most damage to Gordon Brown's reputation and that of the UK government.

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